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Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 315,900 |
-3% |
9 % |
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Average List Price of all Current Listings |
$ 368,195 |
0 % |
12 % |
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April Median Sales Price |
$ 258,000 |
2 % |
3 % |
6 % |
7 % |
$ 250,000 |
12 % |
4 % |
April Average Sales Price |
$ 268,606 |
-0% |
0 % |
3 % |
4 % |
$ 267,792 |
16 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
108 -14% |
-30% |
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April Number of Properties Sold |
61 |
-6% |
11 % |
213 |
6 % |
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April Average Days on Market ( Solds ) |
47 |
9 % |
-2% -15% |
-4% |
48 |
-8% |
-2% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 138 |
-6% |
-3% |
5 % |
4 % |
$ 142 |
8 % |
7 % |
April Sold Price per Square Foot |
$ 137 |
4 % |
3 % |
8 % |
8 % |
$ 133 |
11 % |
5 % |
April Month ' s Supply of Inventory |
1.8 |
-8% -16% -37% -28% |
2.2 |
-21% |
-8% |
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April Sale Price vs List Price Ratio |
97.0 % -1.2% . 6 % |
1.6 % 1.2 % |
96.4 % |
2 % |
1 % |
Property Sales |
90 |
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April Property sales were 61 , up 10.9 % from 55 in April of 2016 and 6.2 % lower than the 65 sales last month . April 2017 sales |
80 |
Number of Properties Sold |
3 Mo Avg |
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Property were at a mid Sales level compared to April of 2016 and 2015 . April
90
|
70 |
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April
YTD Property sales of 213 sales are were running 61 , up 6.5 10.9 % ahead from 55 of in last April year of ' s 2016 year-todate sales of 200 . and 6.2 % lower than the 65 sales last month . April 2017 sales
80
|
60 |
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were at a mid level compared to April of 2016 and 2015 . April |
70 |
50 |
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YTD sales of 213 are running 6.5 % ahead of last year ' s year-todate sales of 200 . |
60 |
40 |
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50 |
30 |
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40 |
20 |
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30 |
10 |
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20 |
0 |
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10 |
M |
J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in April was $ 258,000 , up 5.7 % from
|
M
14
|
J |
J |
A S O N D
J
FMedian M A M J Sales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
|
3 Mo Avg |
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Prices
$ 244,000 in April of 2016 and up 2.4 % from $ 252,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 258,000 April was , up $ 268,606 5.7 % from , up 2.7 %
$ from 244,000 $ 261,437 in April in of April 2016 of and 2016 up and 2.4 % down from 0.1 $ 252,000 % from last $
268,916290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||||
month last month . The . Average April 2017 Sales ASP Price was in April at the was highest $ 268,606 level , compared up 2.7 % to from $ 261,437 in April of 2016 and down 0.1 % from $ 268,916
270
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
250
|
250
230
|
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April of 2016 and 2015 . |
230 |
210 |
170 |
150 |
|||||
150 |
M |
M
J
14
J
|
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17
|
|||
14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 108 , Inventory down 13.6 of % Properties from 125 available last month for and sale down as of April 30.3 % was from 108155 , down in April 13.6 % of from last year 125 last . April month 2017 and Inventory down 30.3 was % at its
250 from lowest 155 level in April compared of last year with . April 2017 of 2016 Inventory and 2015 was . at its
200 lowest level compared with April of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 1.8 a higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 1.8 of 2016 and
50 months
2015 . was at its lowest level compared with April of 2016 and
2015 .
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
4.5
200
4.0
3.5
150
3.0
2.5
100
2.0
1.5
50
1.0
0.5
0
0.0
M
J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O N D J
F M A
M
J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O N D J
F M A
14
15
16
17
14
15
16
17
|
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
|